Tag Archives: Lone Star

Lone Star has secured a £133m development finance facility from Lloyds Bank’s commercial real estate team and Wells Fargo for the Two Fifty One scheme near the Ministry of Sound nightclub in Elephant & Castle. The development facility is split … Continue reading →

Lone Star yesterday completed the £2.3bn acquisition of Aviva’s final major UK loan portfolio sale, Project Churchill, in the largest NPL trade in Europe this year. JPMorgan, which backed Oaktree in the first round and Apollo in the second round, … Continue reading →

Lone Star has directly acquired a 4.3% stake in Quintain this morning following this morning’s publication of its revised offer for all shareholders of £745m, or 141 pence per share, which lifts the private equity firm over the 75% threshold … Continue reading →

Lone Star has responded to Elliott Capital Advisors’ 11th hour intervention over its attempted takeover of Quintain, the listed London residential property developer, by increasing its overall all cash offer by £45m to £745m, increasing the offer to shareholders by … Continue reading →

Elliott Capital Advisors has thwarted Lone Star’s proposed £700m takeover of Quintain after the purchase of a 12.9% stake in the listed London residential property developer yesterday, seemingly in an 11th hour effort to either flush out a rival bidder … Continue reading →

Lone Star has this afternoon extended its offer to shareholders of Quintain Estates and Development for a further two weeks, after the private equity firm’s offer received more than 53% approval. No other bidders have emerged to rival Lone Star’s offer, … Continue reading →